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Indian equities have been far below the 15-16% average compounding for years. In 2010-20, the compounding was only 8.8% — barely above fixed deposit returns. A Rs 100 investment would have become Rs 230 over this decade. Contrast this with Rs 100 invested in 1980 that would have become Rs 700 over a decade.
All studies and data have shown that while human beings love stories, storification is one of the systematic biases that bring down investment returns.
Money leads to more happiness if you’re already a happy person
A tech thriller, a snarky college admissions story, YA with a video game backdrop, a murder mystery in the Hindi heartlands and a thriller in the Hamptons
When it comes to seeking out financial advice, people tend to stay close to home. A new GOBankingRates survey of more than 1,000 adults found that nearly half the country -- 46% -- turn to their...